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Bitcoin USD, H4 Potential For Bullish Momentum

40402 bitcoin usd h4 potential for bullish momentum

Type: Bullish RiseKey Levels:Resistance: 32154.75Pivot: 29499.38Support: 27331.52Preferred Case:On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 29499.38 in line with the overlap support to the overlap resistance at 32154.75 in line with the 78.6% fibonacci projection.Alternative Scenario:Alternatively, price may reverse off the pivot and head for the 1st support at 27331.52 in line with the swing low.Fundamentals:No major news

Source: Tickmill

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